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The EGX30 fell 0.1% at today’s close on turnover of EGP 7.6 bn (33.4% below the 90-day average). Local investors were the sole net buyers. The index is up 27.3% YTD.
In the green: Orascom Construction (+4.0%), Abu Qir Fertilizers (+4.0%), and Fawry (+1.8%).
In the red: Alexandria Containers and goods (-2.8%), Eastern Company (-2.7%), and GB Corp (-2.4%).
Bankers say the rules aren’t written yet. Data center builders…
International lenders say more tax could tip the balance as…
Group CEO Karim Awad credits the central bank’s decision to…
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…
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